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China’s emergency oil reserve shows 22.5pc gain

  Bloomberg China reported it added about 43 million barrels of crude to its strategic reserves between the middle of 2015 and early this year, in a rare release of such data by the world’s second-biggest oil user. The statement posted on the website of the country’s National Bureau of Statistics is the first update the government has given on ...

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D-day looms for nickel market as top shipper checks on mines

  Bloomberg The global nickel market will discover the severity of the Philippines’ mining audit next Thursday as President Rodrigo Duterte’s government presents the findings of the checkup and announces support for communities affected by any further suspensions. Benchmark prices surged. The audit in the world’s largest mined nickel supplier has been completed after 16 teams fanned out across the ...

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IFA dives head-first into the virtual world

  Berlin / AFP Always wanted to know what it would be like to watch a TV talkshow in the studio? Or zoom in on a particular player in a Bundesliga game rather than see a wideshot of the field? The technology is there for such “live” 3D television experiences from the comfort of your home, according to the Fraunhofer ...

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